You’ve probably heard the term “cash flow” thrown around quite a bit. It’s a very common benchmark for understanding the financial state of your company and working out where you could make changes to your operations.
Whether you’re a small local business owner or Virgin founder Richard Branson, analysing your cash flow is an important exercise. You need to know how short-term cash flow can impact your operation, and why it’s used to gauge your company’s success.
Allowing your customers time to pay may make you mor...